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In the 1990s, Europe struggled with all of the following problems except:
Supply Curve
A graph showing the relationship between the price of a good and the quantity of that good supplied.
Effective Price
The final price after accounting for rebates, discounts, or other financial adjustments.
Empowerment
The act of giving power or authority to someone, enhancing their capabilities and confidence.
Centralization
The concentration of decision-making and administrative power within a central group or location within an organization.
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